We all got a shot of life Wednesday night from Mitt Romney. I received a lot of flak, and some insults, for my previous post castigating Romney for lacking joie de vivre, but he came out swinging and left the president looking for his teleprompter. While some posted polls in the comment section to show Romney’s campaign [...]
In a bit of new old news, Social Security adds to the federal deficit. This non-shocking piece of news continues to be either ignored or underreported since the political class is petrified of having the geriatric brigade occupying the front lawns of their homes. The current unfunded liability of Social Security is $8.6 trillion [...]
These are the voices of our future. Their future hangs in the balance. They can’t vote. But you can. Liberty is never more than one generation from extinction. And they are that generation! YouTube Description: The teenagers who speak in this video belong to http://www.im2moro.org. These young people realize that if they don’t stand up [...]
. The Consumer Confidence Index has raised the US Consumer Confidence level by nine points in their most recent survey, which was released today. Today’s September figure stands at 70.3, up from the board’s August number of 61.3. Earlier in the day, CDN reported that oil and natural gas prices rose in overseas trading as [...]
. Today, the private research group The Conference Board is expected to release its latest report on consumer confidence. Ahead of the 10 a.m. EDT release, many economists and traders are expecting to see an uptick in the number, from the previous mark of 60.6. In early reports from overseas trading, the expectation of higher [...]
. The city of Houston, Texas has spent $200,000 of a Department of Homeland Security grant on the production of a six minute video that informs individuals of what to do in the event of a workplace shooting. The creepy video emphasizes three main actions: Run, Hide, and Fight. (continued below video) . The video [...]
. Fox Business anchor Stu Varney released a video on Youtube this morning talking about what happens when Ben Bernanke makes the decision to “print up a storm” – as he essentially did in yesterday’s Fed Announcement. Varney lamented that the American middle class can not be happy because the Fed announcement has not only [...]
The Forex Charts Powered by Forexpros – The Leading Financial Portal. After the Fed’s announcement of QE (quantitative easing), and subsequent press conference by Fed chairman Ben Bernanke, the US Dollar has fallen to a 4-month low against the euro and Swiss franc. With speculation that the dollar will fall and the euro will rise [...]
On Thursday evening, The House of Representatives passed a joint resolution that is a 6 month spending bill that will keep federal agencies running through the end of the budget year, and past the elections in November. This bill was passed by a vote of 329-91, with 9 not voting. This short-term budget band-aid allows the avoidance [...]
. On September 13th, Fed Chairman Ben Bernanke held a press conference to talk about the FOMC’s decision about what to do to help the economy. . ___
The Fed has released their statement following their meeting in Jackson Hole, Wyoming today: For immediate release Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated. [...]
. Click Here to read CDN’s Interview with Paul T. Conway – former Chief of Staff of the United States Department of Labor and Generation Opportunity President en Español – Generación Oportunidad Washington, DC – (9/7/12) – Generation Opportunity, the largest non-profit, non-partisan organization in the United States engaging and mobilizing young Americans on the important economic issues facing [...]
. On September 4th, 2012, the United States national debt surpassed the $16,000,000,000,000 mark. Sixteen Trillion Dollars?! What exactly is it to have 16 trillion of something? For a visualization we can wrap our minds around, let’s turn to professor James Gray of the Community College of Aurora [see video to the right]. As professor Gray demonstrated, [...]
As unemployment continues to rise, which has held steady above 8 percent during most of President Obama’s term. While consumers are spending more of their shrinking income on food, gas, and energy that also continue to rise, the government continues to increase their food stamp dependency. This temporary safety net created by the government, continues [...]
In 2007 while he was campaigning for President, Barack Obama called George W. Bush irresponsible and un-patriotic for adding $4,000,000,000,000.00 to the US debt during his eight years in office. President Obama was correct in his estimation. That has not prevented him, however, from increasing the debt by $5,000,000,000,000.00 in less than half the time [...]
